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Diamond should always be the real thing - Ali Pastorini

Ali Pastorini, Senior Vice-President of the World Jewelry Hub in Panama City and owner/partner of DEL LIMA JEWERLY in an interview to Rough & Polished talked about the trends of the jewelry market in Latin America, the preferences of its consumers...

22 august 2016

We are in a seasonally quieter period for demand – De Beers

De Beers’ rough diamond production dropped 15 percent to 13.3 million carats during the first half of 2016 compared to 15.6 million carats, a year earlier, reflecting the decision to reduce production in response to prevailing trading conditions in the...

15 august 2016

The task set before industry is to provide consumer with maximum information about diamonds we sell

(Interfax.ru) - After “conflict diamonds” have been virtually excluded from the market by the Kimberley Process (KP), the latter, as well as the World Diamond Council (WDC) found they...

08 august 2016

"I believe that honesty, integrity, and impeccable customer service are the key points to maintaining a long-lasting company” - Leibish Polnauer

More than 35 years ago, Leibish Polnauer entered the industry, trading in fancy cut diamonds but soon the love for color drew him into the fancy colored diamond sector. The mid 90s saw him develop his first online website and he eventually became one...

08 august 2016

Diamond Centre as Part of Olonkholand

Lena Fyodorova, Director of Olonkholand Complex Design Company told Rough&Polished about the possibilities arising with the creation of the Diamond and Jewellery Centre in Yakutsk within the framework of the Olonkholand Complex.

01 august 2016

Belgium's Polished Exports +8%, Imports +28% in May

17 june 2013

Belgium's polished diamond exports rose 7.7 percent year on year in May to $1.271 billion, while the price per carat jumped 12.5 percent to $1,993, according to data collected by the Antwerp World Diamond Centre. However, polished diamond imports surged 27.9 percent to $1.314 billion, leaving Belgium with a net polished export deficit of $43 million compared with net exports worth $154 million in May 2012.
Rough imports fell 5.4 percent in May to $1.051 billion and rough exports increased 6.1 percent to $1.221 billion. The data resulted in a rough import deficit of $170 million during the month compared with a deficit of $40 million one year ago. Belgium's net diamond account for May, reflecting the net difference between exports and imports, plummeted to a deficit of $3 million compared with a surplus of $194 million one year ago.
During the first five months of 2013, Belgium has exported $5.778 billion worth of polished diamonds, up 1.4 percent year-on-year, while polished imports have fallen 2.3 percent to $5.542 billion. Net exports of polished diamonds totaled $236 million compared with only $24 million for the same period in 2012. Rough imports of $5.929 billion during the first five months reflected a 5.5 percent year on year increase, and yet rough exports have risen 6.3 percent to $6.333 billion, leaving an import deficit of $404 million compared with a deficit of $335 million.
Belgium's net diamond account for the January through May period improved 78.3 percent year on year to $640 million.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished

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